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The Vanta alternative for financial services

A financial firm answers to sector regulators, financial-crime rules, and privacy law before a customer ever asks for SOC 2.

Vanta is very good at one path: SOC 2, ISO 27001, and the frameworks a SaaS company meets on the way to an enterprise deal. Inside that path it is strong. The trouble is that this buyer is on more than that one path.

A regulated investment broker in British Columbia

It runs client-facing technology and moves client money, so it is holding seven distinct requirements at once, and not one of them is on Vanta's framework list.

Where it comes fromThe instrument
Sector regulatorsBCFSA, CIRO cyber expectations, and CSA Staff Notice 33-322
Financial crimeFINTRAC for anti-money-laundering duties
PrivacyBC PIPA and PIPEDA
US counterpartsGLBA, the NYDFS Cybersecurity Regulation, and the FTC Safeguards Rule for US-facing firms
Customer-drivenSOC 2, if it runs any client-facing technology

Why Lavawall® fits here

It ships these frameworks pre-built. For financial services that means GLBA, NYDFS 500, FTC Safeguards, CIRO, CSA 33-322, BCFSA, and FINTRAC, plus PCI DSS and SOC 2. Vanta builds the unusual ones as custom frameworks; Lavawall carries them and includes every framework in its Complete tier rather than charging per framework.

It is the platform, not a connector to one. Lavawall runs its own agent on your endpoints and its own connectors into Microsoft 365, Entra, Intune, and Google Workspace, so the evidence comes from the same system that runs the control, with continuity as a working module in the same console.

Pricing, published

Almost nobody in this category publishes a number, and pricing opacity is the single most-cited complaint in Vanta’s aggregate reviews, ahead of missing features. So here is ours, beside theirs.

Lavawall® Complete

$89.50 /seat/year

Annual, two months free. A seat is the greater of your managed devices or your Microsoft 365 / Google Workspace licensed users, never both.

Starts at $2,240/year for the first 25 seats, and every compliance framework in the catalogue is included, along with the business-continuity module, your policies, and a Trust Centre.

No per-framework fee: the whole catalogue is in Complete. Volume discounts start at 51 seats.

Vanta

from US$14,000 /year

Essentials package, 1–20 employees, as published on Vanta’s own AWS Marketplace listing (accessed 28 August 2026). Marketplace and direct pricing can differ.

That floor covers one framework. The buyer this page is written for has four, five, or six.

Volume discount, by seat

1–50 seatslist price
51–250 seats5% off
251–1,000 seats10% off
1,001–5,000 seats15% off
5,001+ seats20% off

A few scenarios

OrganizationAssumptionsLavawall / year
20-person BC health-tech 25 seats (the minimum), every framework it needs included $2,240
50-person services firm 50 seats, every framework included $4,475
250-seat organization 250 seats at the 5% volume tier, every framework included $21,256

For the 20-person band, Vanta’s published floor is US$14,000 for one framework. Lavawall®’s $2,240 covers every framework the buyer needs.

For most of these buyers, though, the real alternative to Lavawall is not another compliance platform at all. It is a consultant at $15,000 to $40,000 and a spreadsheet, repeated every year, with nothing left behind between engagements. See the full pricing page for the calculator.

When Vanta is the better choice

If you are a fintech whose only near-term requirement is SOC 2 for a customer, with no sector regulator yet in scope, Vanta will get that one done well.

Frequently asked

Does Lavawall cover the Canadian securities-sector cyber rules?
Yes, CIRO's cybersecurity program and incident-reporting rules and CSA Staff Notice 33-322 are pre-built, along with BCFSA guidance and FINTRAC's anti-money-laundering duties.
What about US financial rules like GLBA and NYDFS?
GLBA, the FTC Safeguards Rule, and the NYDFS Cybersecurity Regulation are in the catalogue, so a firm operating on both sides of the border maps them alongside the Canadian rules.
Is SOC 2 enough for a financial firm?
Rarely. SOC 2 answers a customer's question, but the regulators' answer comes first, and they are the frameworks a single-framework tool does not carry.

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